BRT Apartments Corp. Secures $71.9 Million Mortgage Refinancing

Reuters

Dec 18, 2025

BRT Apartments Corp. Secures $71.9 Million Mortgage Refinancing

BRT Apartments Corp. has completed the refinancing of three mortgages totaling $42.7 million, which previously carried a weighted average interest rate of 4.36%. The company replaced these with new mortgage debt amounting to approximately $71.9 million, featuring a weighted average remaining term to maturity of around nine years and a weighted average interest rate of 4.95%. Additionally, BRT used $17.5 million of the refinancing proceeds to pay off the outstanding balance on its credit facility. This move enhances BRT's financial position and supports its future investment activities in its core Sunbelt markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BRT Apartments Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9603474-en) on December 17, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Secures $71.9 Million Mortgage Refinancing","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      BRT Apartments Corp. Secures $71.9 Million Mortgage Refinancing\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        BRT Apartments Corp. has completed the refinancing of three mortgages totaling $42.7 million, which previously carried a weighted average interest rate of 4.36%. The company replaced these with new mortgage debt amounting to approximately $71.9 million, featuring a weighted average remaining term to maturity of around nine years and a weighted average interest rate of 4.95%. Additionally, BRT used $17.5 million of the refinancing proceeds to pay off the outstanding balance on its credit facility. 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Secures $71.9 Million Mortgage Refinancing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-18 05:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      BRT Apartments Corp. 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Secures $71.9 Million Mortgage Refinancing\n    \n\n        BRT Apartments Corp. has completed the refinancing of three mortgages totaling $42.7 million, which previously carried a weighted average interest rate of 4.36%. The company replaced these with new mortgage debt amounting to approximately $71.9 million, featuring a weighted average remaining term to maturity of around nine years and a weighted average interest rate of 4.95%. Additionally, BRT used $17.5 million of the refinancing proceeds to pay off the outstanding balance on its credit facility. This move enhances BRT's financial position and supports its future investment activities in its core Sunbelt markets.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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